|By Marketwired .||
|September 18, 2013 06:57 PM EDT||
CALGARY, ALBERTA -- (Marketwired) -- 09/18/13 -- Encana Corporation (TSX:ECA)(NYSE:ECA) is donating $250,000 to support disaster relief and recovery efforts in the flood-ravaged Front Range of Colorado. The company will issue cash grants to various charities active in the efforts in Weld and Boulder Counties, including the flood relief funds established by Weld County United Way and Foothills United Way. In addition, employee donations to registered charities will be matched by Encana up to $25,000 per employee as part of the company's matching gifts program.
"Encana is committed to assisting with the hard work and relief efforts already underway to mitigate the widespread impact of this flooding," said Doug Suttles, President & CEO, Encana Corporation. "Many staff in our Denver and Front Range offices have been directly impacted; we're pledging our support to these colleagues as well as everyone else affected by these devastating events. We would also like to extend our thanks to frontline responders for their tireless efforts and all those who are working long and hard to provide support to affected communities."
Encana shut-in some of its producing wells located in the DJ Basin and closed one of its field offices to ensure the safety of staff and the operations. The company has started bringing production back on as it assesses the extent of the impact flooding had on its locations and has re-opened the field office. This impact to Encana operations from flooding comes just three months after widespread flooding in southern Alberta forced the closure of the company's corporate headquarters, as well as a small number of field operations.
"The floods have left significant damage to communities across the Front Range and our thoughts are with all of those who have been affected," said Suttles. "Just as we saw in southern Alberta in June, Colorado is truly rallying together to help those most impacted and to repair the damage. There is an inspiring community spirit on display as people roll up their sleeves and pitch in to help their neighbors and this truly indicates that Colorado will rebound from this event."
Encana is a leading North American energy producer that is focused on growing its strong portfolio of diverse resource plays producing natural gas, oil and natural gas liquids. By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.
Further information on Encana Corporation is available on the company's website, www.encana.com.
SOURCE: Encana Corporation
Manager, Investor Relations
Advisor, Investor Relations
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